E27 Aaron Montgomery - New Ideas, Partnerships & Scaling Big!

Fearless Entrepreneurship Podcast with Cory Mosley

Prior to starting his own business Aaron Montgomery was a consultant at McKinsey & Company and a sale executive at Kiva Systems, a robotic firm acquired by Amazon. He’s a two time Inc. 5000 honorary, two time finalist Ernst & Young entrepreneur of the year program exec partner of the year society of HR management. Aaron has a degree in economics from Harvard and MBA from Harvard business school.

During this episode, Cory and Aaron Montgomery discuss money, funding, financing, and working with banks. Learn some insider secrets on expanding and securing financing and equity in the marketplace.

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Quotes: “Every month is an opportunity and you just keep rolling it back and taking it one step at a time” – Aaron Montgomery

“When you’re looking at an idea being investable it’s the balance of the idea being a good one, that you can convince someone that it solves a problem, that it’s aspirin not vitamin” – Aaron Montgomery

Time Stamps: 3:52 - The intellectual piece of growing a business – not just hustle and grind 10:19 – Aaron’s Story - How partnerships come together 16:44 – Building a business – Having a plan, not being down to your last dollar 23:13 – Jumping into uncharted territory 25:55 – Hearing “No” - Persevering vs adjusting 29:16 – Scaling – Growth that makes sense 39:15 – Turning points – Pumping the brakes vs Pouring on gas 45:34 – Approaches to equity in the marketplace 48:22 – The biggest mistakes/red flags Aaron sees when negotiating equity based deals 53:08 – Insider secrets to capital raising, dealing with banks and sources – securing/expanding financing 59:20 – The moment when Aaron decided to greater diversity of his business – Embracing his identity as an entrepreneur 62:07 – The primary things on Aaron’s horizon 63:32 – Aaron’s craziest entrepreneurship moment 66:44 – Rapid fire questions! 70:44 – Entrepreneurship trivia!

Want more? Visit FearlessWithCory.com